Fund Performance
NAV Performance
Fund Information
-
₹ 1,099.627
as on 17 Oct 2021 -
Regular - Growth
-
-
-
₹ 5,000
-
₹ 74 Cr.
as on 17 Oct 2021 -
0.18%
since 31 May 2021 -
26 Mar 2019
-
CRISIL 10 Year Gilt Index
-
Union Mutual Fund
Show All Funds
Highlights of this fund
Union Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 26 Mar 2019. This fund is offered by one of the top AMC (Assets Management Company) Union Mutual Fund. You can also view here all other Debt funds offered by Union Mutual Fund.
Latest NAV of the fund is ₹ 1,099.627 as on 17 Oct 2021.
This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 0.18%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 2,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To generate returns by investing in Debt and Money Market Instruments with overnight maturity. However, there is no assurance that the Investment Objective of the scheme will be achieved.
List of Fund Managers of Union Overnight Fund
-
About Tarun Singh
Mr. Singh has done B.Sc. Prior joining to Union Mutual Fund he has worked with SBI Funds Management Private Limited and Prebon Yamane India Ltd. as Fixed Income Dealer. Enron India Pvt. Ltd as Accounts Executive.
-
About Devesh Thacker
Mr. Thacker is a B.Com (H) and Post graduate from University of Pune. Prior to joining Union AMC in 2011 he has worked with Sahara AMC.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.06% | 0.27% | 0.81% | 1.59% | 3.09% | 3.49% | 4.25% | 4.89% | 6.72% | 3.13% | 3.18% | 3.56% | 4.28% | 5.72% |
| Category Average | 0.06% | 0.25% | 0.79% | 1.54% | 3.01% | 3.35% | 4.13% | 4.77% | 6.56% | 3.05% | 3.10% | 3.48% | 4.18% | 5.60% |
| Union Overnight Fund | 0.06%₹ 10,005 | 0.25%₹ 10,025 | 0.79%₹ 10,079 | 1.54%₹ 10,153 | 2.99%₹ 10,299 | 3.03%₹ 12,196 | 3.31%₹ 10,674 | 3.07%₹ 24,771 | - | - | - | - | - | - |
| UTI Overnight Fund | 0.06%₹ 10,005 | 0.26%₹ 10,025 | 0.77%₹ 10,076 | 1.56%₹ 10,156 | 3.04%₹ 10,304 | 3.09%₹ 12,199 | 3.40%₹ 10,693 | 3.14%₹ 24,789 | 4.25%₹ 11,329 | 3.56%₹ 38,014 | 4.81%₹ 12,647 | 4.22%₹ 66,764 | 6.72%₹ 19,176 | 5.72%₹ 1,60,950 |
| SBI Overnight Fund | 0.04%₹ 10,004 | 0.24%₹ 10,024 | 0.78%₹ 10,078 | 1.56%₹ 10,156 | 3.01%₹ 10,301 | 3.06%₹ 12,198 | 3.35%₹ 10,682 | 3.11%₹ 24,781 | 4.22%₹ 11,320 | 3.53%₹ 37,994 | 4.89%₹ 12,697 | 4.28%₹ 66,878 | 6.64%₹ 19,029 | 5.62%₹ 1,60,109 |
| HDFC Overnight Fund | 0.05%₹ 10,004 | 0.26%₹ 10,026 | 0.79%₹ 10,078 | 1.53%₹ 10,152 | 2.98%₹ 10,298 | 3.02%₹ 12,195 | 3.30%₹ 10,672 | 3.06%₹ 24,769 | 4.15%₹ 11,299 | 3.47%₹ 37,964 | 4.88%₹ 12,690 | 4.24%₹ 66,799 | 6.31%₹ 18,445 | 5.45%₹ 1,58,697 |
| L&T Overnight Fund | 0.05%₹ 10,005 | 0.25%₹ 10,025 | 0.80%₹ 10,079 | 1.54%₹ 10,154 | 3.01%₹ 10,300 | 3.05%₹ 12,197 | 3.20%₹ 10,651 | 3.05%₹ 24,768 | 3.89%₹ 11,213 | 3.36%₹ 37,896 | 4.50%₹ 12,463 | 3.96%₹ 66,341 | - | - |
| Sundaram Overnight Fund | 0.06%₹ 10,006 | 0.25%₹ 10,024 | 0.77%₹ 10,077 | 1.51%₹ 10,151 | 2.96%₹ 10,295 | 2.99%₹ 12,193 | 3.35%₹ 10,682 | 3.06%₹ 24,769 | - | - | - | - | - | - |